On July 19, 2025, CoinDCX reported a breach involving around 44.2 million USD, traced back to an internal wallet used for liquidity. The compromised wallet was not reflected in CoinDCX’s proof-of-reserve reports.
An attacker utilized Tornado Cash for the funding of the compromised wallet. Sumit Gupta assured that user funds remain safe as the investigation progresses, working with security experts to assess and contain the breach.
Leave a Reply